x YG The purpose of the Carl x It is expected that this pr Secure l https// pus WebAdvisor My MU Monmouth Email N Nettio Income Tax Website D wwey Plus LUS INTERMEDIATE ACCOUNTING (BA311312) Kieso, Intermediate Aocounting, 15e ouwces Brief Exercise 12-12 incorrect. Try again. Nieland Industries had one patent recorded on its books 1.2014. This a book value of s384,480 and of 2014, research and infringement aganst competitor on December received the good news that its patent was and that its compettor could not use the process Neland had patented The company incurred $100.880 to arrend this what amount should patenets be reported on the December 31, 2014 balance sheet, assuming of patents? The amount to be reported aick if you would like to show work for this question: llaoksbon 1 of 9 used Question Altempest